SKS MICROFINANCE LTD. - Issue and allotment of Debentures on private placement basis

SKS Microfinance Ltd has informed BSE that on May 15, 2015, the Company has issued and allotted secured, rated, listed, redeemable, non-cumulative, taxable non-convertible debentures (NCDs) of face value of Rs.10 lakh each aggregating to Rs.200 Crore on private placement basis.<BR><BR>These NCDs are rated A+ by a leading credit rating agency. Instruments rated A+ carry low credit risk and are considered to have adequate degree of safety regarding timely servicing of financial obligations.<BR><BR>The aggregate NCDs outstanding as on date is Rs. 400 Crore.